If $9,000 is invested at an annual rate of 11% per year compounded monthly, the future value S at any time t (in months) is given by 
. How long does it take for the investment to double? Round your answer to one decimal place.
Definitions:
Accounts Payable
The amount of money owed by a company to its creditors or suppliers for goods and services received but not yet paid for.
Invoice Description
A detailed statement showing goods sold or services provided, their prices, and the total amount to be paid.
System Recording
The process of capturing and documenting operations or events within a system for review or analysis purposes.
Financial Transactions
Deals with the process of exchanging assets such as money between two or more parties.
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